Seattle Opera said Friday that it has received a $2.3 million loan under the Paycheck Protection Program (PPP), part of the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. Previously, the company had reported layoffs for 215 artist and production jobs after Seattle Opera canceled “La bohème,” plus 12 administrators, as well as salary cuts for the […]

ArtsFund on Monday announced new projections about pandemic-related losses in regional arts, cultural and scientific nonprofits, as well as its first round of coronavirus-related relief grants.

Apple’s market value fell below $1 trillion as trading opened Monday, leaving Microsoft as the only U.S. stock above the 13-digit threshold. Apple shares fell as much as 4.9% at 9:40 a.m. in New York, bringing the iPhone maker’s market value to about $960 billion. In the wake of coronavirus, the company has been hampered […]

Affirmed Networks helps build virtual networks for telecom customers using 5G technology.

The 317-page report by the inspector general also found that giving the contract to a single company — Microsoft — rather than dividing it among competitors was "consistent with applicable acquisition standards."

In the unofficial forecast numbers, Washington would lose $3.8 billion in revenue this current budget cycle. An additional $3.27 billion would be sheared off the 2021-23 budget cycle.

Both Washington and Alaska will benefit from money carved out of the massive federal economic stimulus package known as the CARES ACT that is intended to assist in both direct and indirect fishery-related losses.

Boeing terminated its proposed $4.2 billion deal to acquire the commercial jet business of Brazil's Embraer. The smaller company responded with a scathing declaration that Boeing "has manufactured false claims as a pretext to seek to avoid its commitments."

Airbus is battling to adapt to collapsing demand as the pandemic wipes out new aircraft sales and threatens existing orders as airlines run short of money.

The planemaker won't seek additional funding through the capital markets or U.S. government aid at this time, according to a company statement late Thursday after the debt sale.

The swift embrace and rapid abandonment of hydroxychloroquine underlines how publicity of evolving science can have unpredictable consequences. And how supply chains and government agencies struggle to keep up.

The planemaker won't seek additional funding through the capital markets or U.S. government aid at this time, according to a company statement late Thursday after the debt sale.

In the unofficial forecast numbers, Washington would lose $3.8 billion in revenue this current budget cycle. An additional $3.27 billion would be sheared off the 2021-23 budget cycle.

The ride-hailing giant said Thursday it is offloading Jump, its bike and scooter business, to Lime, a company in which it is investing $85 million. Jump had been losing about $60 million a quarter.

In the unofficial forecast numbers, Washington would lose $3.8 billion in revenue this current budget cycle. An additional $3.27 billion would be sheared off the 2021-23 budget cycle.

BALTIMORE (AP) — U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday report from payroll company ADP showed the tragic depth and scale of job losses that left no part of the […]

WASHINGTON (AP) — Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened the worst U.S. economic catastrophe in decades. Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close […]

After initially telling businesses that individual disaster loans could be as high as $2 million, the Small Business Administration has now imposed a $150,000 limit without publicly announcing the change, people familiar with the situation said.

The federal government has fined Sinclair Broadcasting Corp. $48 million, largely because of actions the TV broadcaster took in its failed attempt to acquire smaller rival Tribune Media. Sinclair in 2017 proposed a $3.9 billion deal for Tribune’s TV stations, attempting to extend its reach into new markets. The deal fell apart that August, and […]

(Bloomberg) — President Donald Trump announced a $19 billion bailout package for farmers hurt financially by the coronavirus crisis. The aid plan includes $16 billion in direct payments to farmers to boost their incomes, along with $3 billion in government purchases of meat, dairy products and other foods, the president said Friday at a White […]

The salary figures are finally in for one of the Seahawks' most notable free agent additions of the year -- linebacker/rush end Bruce Irvin -- and it turned out to be a bit higher than had been speculated.

MORGANTOWN, W.Va. (AP) — West Virginia athletic director Shane Lyons will take a 10% salary reduction for the next fiscal year in an effort to save the athletic department $3 million in response to the coronavirus pandemic. Lyons said Friday that football coach Neal Brown, men’s basketball coach Bob Huggins, women’s basketball coach Mike Carey […]

MORGANTOWN, W.Va. (AP) — West Virginia athletic director Shane Lyons will take a 10% salary reduction for the next fiscal year in an effort to save the athletic department $3 million in response to the coronavirus pandemic. Lyons said Friday that football coach Neal Brown, men’s basketball coach Bob Huggins, women’s basketball coach Mike Carey […]

U.S. employers shed a record number of jobs in April, as the unemployment rate climbed to the highest since the Great Depression. The coronavirus crisis has locked down much of the economy.

South Korea posted a current account surplus of $6.23 billion in March, the Bank of Korea said on Thursday - down from $6.37 billion in February.

Private sector employment nosedived in the month of April, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment plunged by 20.236 million jobs in April after slumping by a revised 149,000 jobs in May.

Diagnosed cases of coronavirus are nearing the million mark in the United States. The pandemic has so far infected 965,933 people and killed 54,877 others in the country, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. Of all the infections reported in the U.S., 288,045 were in New York. The number of casualties reached 22,269 in the sta

The number of people infected with coronavirus in the United States crossed the dreadful one million mark Wednesday, making up nearly one third of the global cases. With more than 58,000 deaths, more Americans have died of COVID-19 than in the Vietnam War. The pandemic has so far infected 10,12,583 people in the country, according to data compiled by the Center for Systems Science and Engineerin

Reflecting the effects of the coronavirus pandemic and efforts to contain it, the Labor Department released a report on Friday showing a record nosedive in employment in the U.S. in the month of April. The report said non-farm payroll employment plummeted by 20.5 million jobs in April after tumbling by a revised 870,000 jobs in March.

First-time claims for U.S. unemployment benefits pulled back further off their recent record high in the week ended May 2nd, according to a report released by the Labor Department on Thursday, although claims remain at an elevated level and came in above economist estimates.

Reflecting a steep drop in revolving credit, the Federal Reserve released a report on Thursday showing an unexpected decrease in U.S. consumer credit in the month of March.

We speak with a woman seeking to ban Halloween decorations, we get a visit from Canada’s pronunciation expert, and we visit a small town on the verge of overthrowing their annual Pun Festival.

The number of Australians receiving unemployment benefits has jumped by more than half a million people in two months, as coronavirus continues to cripple the economy.

A baleen whale off California almost swallowed a sea lion that got in the way during an anchovy feeding frenzy, in an encounter rarely seen let alone caught on film.

A genus of Queensland marsupial lion that, in its heyday, would have had other animals "shaking in their boots", is reclassified to be entirely new.

Perth's flagship convention centre at the heart of the CBD is slowly sinking into the Swan River, developing undulating "speed bumps" in a carpark at the base of the structure that is creating hazards for cars and people.

Australia's biggest ever lottery prize, $150 million, is up for grabs on Thursday night, but if you are joining the throngs rushing to get a ticket be warned winning the nine-figure windfall could change your life for better and worse.

State-owned power provider Synergy records a massive loss, far higher than the $180 million loss forecast over three years, blaming a "challenging energy landscape" and the rapid uptake of rooftop solar.

About 65 arrests are made after some of the busiest roads in Perth's CBD were thrown into chaos on Friday morning by climate activists as part of a nationwide Extinction Rebellion demonstration.

A high-tech telescope situated in Western Australia's desert discovers a galaxy almost five billion light-years away.

Three more men from different countries are arrested as part of an international investigation into an attempted billion-dollar drug smuggling operation uncovered when a yacht ran aground off the WA coast.

Brutal heat and bitter cold have cost farmers in WA more than 1.5m tonnes in crops over the course of a fortnight, according to a grain industry report.

Producers describe plans for a new abattoir near Port Pirie as a "complete game changer" for pastoralists, saving them thousands in freight costs.

A Sunshine Coast woman is duped by an "online lover" into handing over her bank details, allowing scammers to deposit $6 million they had just swindled from a South Korean business, police say.

Locals at Menindee, in far west NSW, hail funding to seal a key regional road as a project that could "save" the drought-stricken town.

The Federal Government announces it will stump up the funds in a bid to replenish native fish populations that were decimated during the summer fish kills.

Western Australia's bulk grain handler says it has already received about 12.5 million tonnes of grain during this year's harvest and there is still more to come from southern areas.